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20121202
20121210
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at the cayman island. >> it's a nice gesture for the president considering that he hasn't let joe biden have lunch with him even once. that he hasn't let joe biden have lunch with him even once. >>> as you heard, we have lots more to talk about with our roundtable right after this from our abc stations. >> but, the problem with controlling costs you can only do that to some degree. every single year we go back and do the "doc" fix and we'll do it between now and january 1st. that is all always a phoney that congress is going to cut payments to doctors and doctors pull out of the medicare program. >> and the money is restored. >> it's hard to do this without structural reforms. >> let me, if you don't mind, we have seen people's retirement package reduced. we have seen people's individual savings, go down. you can't keep on seeing 401(k)s go down and then say, we're going to cut the other stuff that people count on. >> the numbers have to work. >> i want to turn to the tax debate as well. you guys are sitting back. let's get to the tax debate. you have seen speaker boehner, and other republic
.c.-area diner, vice president joe biden said if the gop were willing, the debt deal could be done in short order. >> it would take 15 minutes from the time the decision was made by the speaker of the house to pass and make permanent the middle-class tax cut. the president would probably have me sprint up to the hill to bring the bill down for him to sign. >> reporter: but even after the latest in a series of private calls with the president, house speaker john boehner says the white house is stone walling. >> when it comes to the fiscal cliff that's threatening our economy and threatening jobs, the white house is has wasted another week. >> reporter: this morning in his weekly address, president obama is holding a hard line on raising rates for the wealthy. >> and if we're serious about protecting middle-class families, then we're also going to have to ask the wealthiest americans to pay higher tax rates. that's one principle i won't compromise on. >> reporter: but how much higher could be the key. the top tax rate is set to rise from 35% to 39.6% on january 1st. when asked if a middle ground co
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